Friday, 2nd June 2023
<To guardian.ng
Search

Lira

8 Dec
Tourism in Turkey made a comeback in 2022. The low value of the Turkish lira has attracted tourists, yet citizens are struggling due to inflation.
21 Dec 2021
Protesters have taken to the streets of Ankara and other Turkish cities after the country's currency - the lira - tumbled 15 percent against the US dollar. Many are calling for the government to resign, blaming them for the economic situation.
13 Dec 2021
Turkish President Recep Tayyip Erdogan has defended his "economic vision", even as the lira continues to hover near record lows. The plunge in the value of the currency has left many families struggling to make ends meet. Also in the show: the EU outlines a new trade strategy to give it more leverage against countries that try to coerce the bloc for economic or political gain.
26 Nov 2021
After hitting historic lows on Tuesday, Turkey's currency has recovered slightly. The lira has lost 40% of its value against the US dollar since the start of the year, amid a series of controversial interest rate cuts and double-digit inflation.
23 Nov 2021
The Turkish lira hit new lows against the US dollar and euro. Analysts place the blame on the low interest rates and the cheap money policies preferred by President Recep Tayyip Erdogan.
18 Nov 2021
Turkey's lira sunk to a new low against the US dollar on Tuesday. As the lira continues to tank, the Turkish working class suffer the brunt of the inflation.
12 Aug 2018
Turkey's President Recep Tayyip Erdogan called on Turkish citizens to sell their FX savings for lira as he said the nation faces a wave of "artificial Financial Instability."
6 Aug 2018
The Turkish lira continued its fall against the dollar for a sixth day, hitting a record low as a showdown continues with the U.S. over a detained American pastor.
23 May 2018
Bloomberg's Christine Harvey reports on the latest markets and business news.

Latest

1 day ago
Find these stories and much more when you grab a copy of The Guardian on Thursday.⁣
1 day ago
Kim Kardashian revealed a huge factor behind her decision to file for divorce from Kanye West in February 2021. The rapper, also known as Ye, was embroiled in a number of public controversies towards the end of the couple’s marriage.
1 day ago
In video footage released on Sunday, deputies from Washoe County Sheriff's Office (WSCO) are seen taking cover behind a tree after fixing a long rope on the vehicle door handle to let the animal out safely and without endangering themselves.
1 day ago
Just eight weeks after I smoked my last cigarette, great things happened to my body and mind.
1 day ago
The country’s power provider can’t keep up with demand. Some locals blame the government for not fixing this faster. But power mafias, corruption and theft of power makes this problem particularly complex.
1 day ago
Bola Tinubu became Nigeria's president Monday during a period of unprecedented challenges for Africa's most populous country, leaving some citizens hopeful for a better life and others skeptical that his government would perform better than the one he succeeded.